FIN 4320Fund of Prop & Liability Ins

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Prerequisite(s): A minimum grade of C in either FIN 3309 or 3310; only open to BBA students. A study of the property-liability insurance industry, including the economic and financial issues inherent in property-liability insurance contracting. Topics may include commercial insurance contracts, automobile insurance costs and prices, tort reform effects on insurance markets, economics of distribution systems, corporate governance and organizational form, pricing models, solvency measurement, solvency regulation and market discipline, reinsurance and catastrophic risk, underwriting and risk selection, rate-making techniques, and underwriting cycles. BBA students must have a declared major to enroll in this course.